OTCQB:VVCIF - Post by User
Post by
skibummon Nov 23, 2020 8:47pm
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Post# 31957900
lot of whiners on Vivo site....if don't like...move on
lot of whiners on Vivo site....if don't like...move onVivo as an investment has been a disaster...if you bought at $4sh & held onto now at .12....but a lot of great trading opportunities along the way.....recently went from .20 to .50 before tanking to our now .12 stock price. Lots of opportunities along the way to buy, & trade higher....Fishman is clearing up the mess left behind by Clement, Wilson, etc and nothing positive will happen until 2021 at the earliest. Each Q, Fishman is making moves which may hurt short term (re-finance derivatives)...but will benefit long term. Lately we have seen 3 of Vivo's 4 investment with mergers/buyouts that have greatly benefited 1) CB2 Insite 2)Meta (buyout by High Tide 3) Friendly Stranger (buyout by Fire&Flower)......so there is hope for Vivo...their EBITDA loss of -$2.6M was one of the better results of the "also ran" Pot companies. Listen to Schaff....he knows this company better than anyone else here...I think a buy at .12 is pretty low risk....20k is $2,400...not a lot when U look at the potential upside...U will just have to wait a couple of Q's to make sure company has turned the corner....but I have my full position and happy to wait